Recurring was Asure Software’s largest product and service line in fiscal 2020, bringing in $63.32M of $65.51M (97%).
| Product and Service | FY 2017 | FY 2018 | FY 2019 | FY 2020 |
|---|---|---|---|---|
| Recurring | — | $58.89M | $70.07M | $63.32M |
| Cloud Revenue | $39.27M | — | — | — |
| Hardware Revenue | $4.70M | — | — | — |
| Maintenance Revenue | $4.45M | — | — | — |
| Professional Services, Hardware & Other | — | $4.74M | $3.08M | $2.19M |
| Professional Services Revenue | $4.63M | — | — | — |
| Other | $1.39M | — | — | — |
| Total | $54.44M | $63.63M | $73.15M | $65.51M |
Asure Software brought in $65.51M from its two product and service lines in fiscal 2020, the year ended December 31, 2020. That was down 10.4% from $73.15M in fiscal 2019. Recurring was the largest at $63.32M (96.7%), ahead of Professional Services, Hardware & Other at $2.19M (3.3%).
Compared with fiscal 2019, Recurring fell 9.6% to $63.32M and Professional Services, Hardware & Other fell 28.9% to $2.19M.
Asure Software began breaking out Recurring in fiscal 2018 and Professional Services, Hardware & Other in fiscal 2018. Asure Software stopped reporting Cloud Revenue ($39.27M in fiscal 2017), Hardware Revenue ($4.70M in fiscal 2017), Professional Services Revenue ($4.63M in fiscal 2017) and two others as separate lines.
Asure Software (ASUR) reports its revenue by product and service. In fiscal 2020, Recurring was its largest product and service line, bringing in $63.32M (96.7% of the total), followed by Professional Services, Hardware & Other at $2.19M (3.3%).
Recurring was Asure Software's largest product and service line in fiscal 2020, bringing in $63.32M, or 96.7% of the $65.51M total across its two product and service lines.
Every figure comes from Asure Software's annual financial filings, as reported. Each line keeps the name Asure Software gives it, and years follow its fiscal calendar.
Asure Software's revenue by product and service goes back to fiscal 2017, with figures through fiscal 2020. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.